Ongwe Minerals discovers new multikilometre gold anomaly in Namibia

The new Nguni surface gold discovery is located 17 km from Ongwe’s existing Manga gold discovery and 55 km from Wia Gold’s 2.93-million-ounce Kokoseb gold project, all associated with the same structural trend.

The company notes that the anomaly is currently over 5 km in strike length and remains open to the north, east and west.

Soil samples assay up to 730 ppb gold with multikilometre trends above 100 ppb gold, similar in size and grade to the Kokoseb soil anomaly.

The company says mineralisation at the Nguni discovery appears to be concentrated within the metasediments near granitic contacts (Kokoseb analogy).

The Nguni anomaly was discovered using Ongwe’s in-house detectORE system.

“The newly discovered Nguni prospect is the biggest gold in soil anomaly I have seen in Namibia since first embarking on exploration here in 2008,” says Ongwe CEO Dave Underwood.

He describes the tenor of the gold anomaly as “very impressive” with 28 samples assaying above 300 ppb gold and eight above 500 ppb gold so far.

“Although the grade of the soil anomaly does not necessarily indicate the grade in the rocks below, it is promising that the gold numbers are similar to those at Kokoseb, when the discovery was announced in September 2021,” he says.

Underwood adds that the mineralisation is located in a textbook structural setting, where a regional-scale fault jogs around brittle granitic intrusions creating space and hydrothermal fluid pathways.

He says the company is currently doing infill mapping and sampling to accurately define the mineralisation footprint for the drill programme to start in the second half of this year.

“The Nguni prospect is currently open to the north, east and west and we look forward to chasing the mineralisation to its full extent.

“This discovery validates our faith in the Omatjete gold project and we look forward to developing the Nguni and Manga targets while continuing the grassroots sampling over the rest of this exciting and rapidly emerging gold district.”